Mumbai to have world’s tallest residential building

Mumbai, June 8 (IANS) Mumbai’s realty major Lodha Developers will collaborate with a New York firm to build the world’s tallest residential tower in the city at a cost of Rs.2,000 crore, the company announced here Tuesday.

‘The project has been christened ‘World One’ and will be built on a 17-acre site at Worli, south-central Mumbai. It will include a 117-storeyed tower, around 1,450 feet, which will be the world’s tallest residential building,’ the firm’s managing director Abhisheck Lodha told media persons here.

The construction work on the project will start in a couple of months and it is expected to be completed by 2014, Lodha said.

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